Investment into Latvia drops

  • 2012-05-02
  • From wire reports
RIGA - For the first time, foreign investors have withdrawn more money from Latvia-registered companies’ share capitals than they have invested, Dienas Bizness reports, based on a Lursoft study.“This is an unprecedented paradox: the total number of foreign investors who invested money in Latvia-registered company share capital increased significantly in the first quarter, almost by 660, but for the first time in Latvia’s history, the total balance of direct investment in company share capital was negative - minus 5.6 million lats (8 million euros),” says Lursof...
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